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Research on Strategic Risk Based on Strategic Transformation

Liu Sheng-fu

Abstract

Strategic transformation and strategic risk are both hot topics in foreign research. From the angle of strategic transformation and based on its connotation, theoretical basis and dynamics, this paper mainly analyses what causes the strategic risk and how it acts, and presents that strategic risk of strategic transformation has a close relation with a company's environment, dynamical mechanism, pressure inertia and support systems. In the end, it also provides some methods and countermeasures to keep away strategic risk.

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Available abstract

Key concepts: Strategic planning, Connotation, Strategic alignment, Strategic financial management, Strategic control, Transformation (genetics), Strategic leadership, Business